“I take this seriously and see it as a crisis. The world-class quality that we’ve achieved is our lifeline,” said Toyota president Katsuaki Watanabe at Toyota’s 2006 midyear news conference.

We all know that the first step on the road to recovery is to admit that you have a problem. Toyota, the world’s largest car manufacturer [...]

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Just yesterday, Toyota’s CEO Katsuaki Watanabe gave us an indication as to the future green initiative underway at Toyota and it includes the ongoing development of lithium-ion hybrids with plug-in recharge capabilities, but its a playing field that will not be exclusively Toyotas. GM’s Saturn division introduced the second and third hybrid versions of their [...]

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In a speech made earlier this week, Toyota Motor CEO Katsuaki Watanabe has laid down the eco-friendly gauntlet by outlining a number of bold plans for Toyota over the coming years.

First off, it is Watanabe’s intention to ensure that Toyota meet the new U.S. CAFE standard of 35mpg, well ahead of the regulations start [...]

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The Japanese media have been going crazy over what could possibly be a long awaited replacement for the AE86 sprinter ‘cult car’. As previously reported by Carupdate, the original AE86 was the influence behind the successful ‘Initial D’ franchise in Japan.

Reports indicate that Toyota President Katsuaki Watanabe has confirmed that the small rear wheel drive, [...]

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